Paul Grimsey and David Simms Join as Senior Traders in London

LONDON & NEW YORK--(BUSINESS WIRE)-- Jefferies today announced the appointment of Paul Grimsey and David Simms as Senior Traders in Jefferies’ European Sales and Trading Credit business.

Jon Pliner, Head of Jefferies’ European Credit Sales and Trading, commented, “We are delighted to welcome Paul Grimsey and David Simms to Jefferies. Their extensive experience and historical relationships will add immediate value to Jefferies’ institutional clients globally."

Paul joins Jefferies to head the firm’s Sterling credit business. He has over 25 years experience in the Sterling market, gained at investment banks including Dresdner Kleinwort, Deutsche Bank and Merrill Lynch.

David has over seventeen years of industry experience, most recently as a Senior Portfolio Manager at European Credit Management. Previously, he spent ten years at Merrill Lynch in London and Tokyo where he was Head of Financials Trading and the Asset Swap Book. Before his tenure at Merrill Lynch, he trained as a Chartered Accountant at Coopers and Lybrand Deloitte and received a BSC Economics first class from Bristol University.

Jefferies’ global fixed income group consists of nearly 500 professionals focused on the sales and trading of investment grade corporate bonds, high yield bonds, government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds, whole loans, leveraged loans, distressed securities and emerging market debt.

Jefferies, a major global securities and investment banking firm, has served companies and their investors for more than 48 years. Jefferies & Company, Inc. is the principal US operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com), and Jefferies International Limited is the principal UK operating subsidiary. Jefferies International Limited, a UK-incorporated company, is authorised and regulated by the UK Financial Services Authority.

CONTACT:

Jefferies & Company, Inc.
Tom Tarrant, 203 708 5989
ttarrant@jefferies.com
or
Jefferies International Limited
Desiree Maghoo, +44 20 7029 8085
dmaghoo@jefferies.com
or
CJP Communications
Josh Passman, 212 279 3115 x203
jpassman@cjpcom.com

KEYWORDS:   United Kingdom  United States  Europe  North America  New York

INDUSTRY KEYWORDS:   Professional Services  Accounting  Banking  Finance

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